News / USA

House Postpones Vote on Republican Debt Ceiling Plan

House Speaker John Boehner of Ohio, second from right, and fellow House Republicans leave a news conference on Capitol Hill in Washington, Thursday, July 28, 2011. From left are, Rep. Jeb Hensarling, R-Texas, House Majority Leader Eric Cantor of Va., Rep.
House Speaker John Boehner of Ohio, second from right, and fellow House Republicans leave a news conference on Capitol Hill in Washington, Thursday, July 28, 2011. From left are, Rep. Jeb Hensarling, R-Texas, House Majority Leader Eric Cantor of Va., Rep.
Cindy Saine

The U.S. House of Representatives has delayed a vote on a Republican plan to cut government spending and raise the federal borrowing limit in two stages.  With only five days until a potential default on the national debt, drama reached a peak in the House late Thursday, as the Republican Speaker of the House, John Boehner, postponed the vote amid reports he did not have enough support among his own Republican caucus to pass it.

The vote on the bill proposed by House Speaker John Boehner was scheduled for early evening, Washington, D.C. time. But after two hours of debate on the “Budget Control” bill, instead of voting on it, the Republican-controlled House suddenly turned its attention to bills on re-naming post offices.

The House then recessed for several hours, amid reports that Speaker Boehner did not have the 217 votes he needed to pass the measure among his 240 Republican caucus members. 

Individual Republican lawmakers were seen entering and leaving the Speaker's office, amid speculation Boehner was holding one-on-one-consultations with anti-government Tea Party supporters, who have opposed the bill because they feel it does not cut spending enough.

Emerging from the Speaker's office, Republican Congressman Louie Gohmert of Texas told reporters he was still a “bloodied, but beaten NO” vote.

Earlier Thursday, Speaker Boehner appeared confident at a news conference.

“Today the House will take action, again, on a solution to end the debt limit crisis.  We will take action again, just like we did on our budget, on solutions to the problems that are facing our nation,” he said.

A number of Republican lawmakers took the floor to call for passage of the Boehner "Budget Control" bill,  which would cut government spending by a larger amount than it would increase the debt limit.  Republican Budget Committee Chairman Paul Ryan said the $14.3 trillion U.S. debt is not only endangering the future for America's children, but that all of that borrowed money and the interest paid on it are hurting the U.S. economy right now.

"Half of that money is coming from other other countries like China.  Why on earth do we want to give the president a blank check, to keep doing that, giving our sovereignty and our self-determination to other countries to loan us money to fund our government," said Ryan. "Those days have got to end."

Several Republican lawmakers said the bill was not perfect, but that it was a compromise and the best chance to avoid default.  House Minority Whip Steny Hoyer and other Democrats strongly disagreed, saying  the bill was not bipartisan and not a compromise.

"There is no common ground here, nor was it sought.  We find ourselves at an unprecedented place today.  Americans stand on the brink of default," said Hoyer. "It stands there my friends,  because the leadership of the House has failed to act in a timely and responsible way."

Congressman James Clyburn summed up the view of most Democratic lawmakers.

"While the clock is ticking, the Republican majority is dickering and the American people are hurting.  Our financial markets are on pace for their worst week in nearly a year.  State governments are bracing for downgrades in their borrowing capacities," he said.

Analysts see the postponement of the House vote as a political embarrassment for Boehner, and an indication that the Tea Party members of his caucus may oppose any raising of the debt ceiling.

On the Senate side, 53 senators have signed a letter saying they will not vote for the Boehner plan, so analysts says the House measure has virtually no chance of passing the Senate, even if the Speaker manages to get it passed in the House on Friday.  Senate Majority leader Harry Reid has put forward his own plan to raise the debt limit and cut spending, and it has been endorsed by President Barack Obama.

Without a deal on some kind of plan to raise the $14.3 trillion legal limit on borrowing by the deadline, the Treasury Department says it will not have enough money to pay all of its bills starting August 2. That could bring a default that would likely prompt rating agencies to cut the U.S. credit rating, bringing higher interest rates and hurting economic growth.


You May Like

Kurdish Party Pushes Political Gamble to Run in Turkey Poll

HDP announces it will run as political party instead of fielding independent candidates in June election, but faces tough 10 percent threshold More

Twitter Targets Islamic State

New research shows suspending Twitter accounts of Islamic State, its supporters has been effective; group, its backers are facing 'significant pressure,' says terrorism expert More

Video Former Sudan 'Lost Boy' Becomes Chess Master in NYC

Majur Juac made the leap from being a refugee in Africa to a master chess champion in US, where he shares his expertise with students More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
NASA Monitors Earth’s Vital Signs From Spacei
X
Rosanne Skirble
January 27, 2015 5:05 PM
The U.S. space agency, NASA, is wrapping up its busiest 12-month period in more than a decade, with three missions launched in 2014 and two this month, one in early January and the fifth scheduled for January 29. As VOA’s Rosanne Skirble reports, the instruments being lifted into orbit are focused on Earth’s vital life support systems and how they are responding to a warmer planet.
Video

Video NASA Monitors Earth’s Vital Signs From Space

The U.S. space agency, NASA, is wrapping up its busiest 12-month period in more than a decade, with three missions launched in 2014 and two this month, one in early January and the fifth scheduled for January 29. As VOA’s Rosanne Skirble reports, the instruments being lifted into orbit are focused on Earth’s vital life support systems and how they are responding to a warmer planet.
Video

Video Saved By a Mistake - an Auschwitz Survivor's Story

Dagmar Lieblova was 14 when she arrived at Auschwitz in December 1943, along with her entire Czech Jewish family. All of them were to die there, but she was able to leave after several months due to a bureaucratic mix-up which saved her life. Now 85, with three children and six grandchildren, she says she has a feeling of victory. This report by Ahmad Wadiei and Farin Assemi, of RFE/RL's Radio Farda is narrated by RFE’s Raymond Furlong.
Video

Video Weekly Protests in Korea Keep Japanese WWII Atrocities Alive

Every week in Seoul protesters gather in front of the Japanese Embassy to demand an apology and reparations from Tokyo for the thousands of South Korean women who were forced into prostitution during World War II. Although this year marks the 70th anniversary of the end of the war, these protestors have helped keep the issue of comfort women alive and made it difficult for Japan to move beyond its past wartime atrocities. VOA's Brian Padden reports from Seoul.
Video

Video Exercise: New Prescription for Parkinsons Disease

Exercise could be the new prescription for Parkinson's Disease, a progressive disorder of the nervous system that affects movement. More than six million people worldwide suffer from Parkinsons and they're traditionally treated with medication and surgery. Shelley Schlender has more.
Video

Video Brussels Shaken as New Greek Leader Challenges Europe’s Austerity Drive

Greece’s youngest-ever prime minister, 40-year-old Alexis Tsipras, was sworn in Monday after his victorious far-left Syriza party entered a coalition with far right rivals. Tsipras says he will restore dignity to Greece by ending spending cuts. So begins a new chapter for the country at the epicenter of Europe’s economic crisis - a change that has sent tremors across the continent, as Henry Ridgwell reports from London.
Video

Video Obama Urges Closer Economic Ties During Historic India Visit

U.S. President Barack Obama says the United States and India must do better to capitalize on untapped potential in their economic relationship - by removing some of the roadblocks to greater trade and investment. As VOA correspondent Aru Pande reports from New Delhi, Obama spoke after participating in India’s Republic Day celebration.
Video

Video White House Grapples With Yemen Counterterrorism Strategy

Reports say the U.S. has carried out a drone strike on suspected militants in Yemen, the first after President Barack Obama offered reassurances the U.S. is continuing its counterterrorism operations in the country. The future of those operations has been in question following the collapse last week of Yemen’s government. VOA White House correspondent Luis Ramirez reports.
Video

Video Worldwide Photo Workshops Empower Youth

Last September, 20 young adults from South Sudan took part in a National Geographic Photo Camp. They are among hundreds of students from around the world who have learned how to use a camera to tell the stories of the people in their communities through the powerful medium of photography. Three camp participants talked about their experiences recently on a visit to Washington. VOA’s Julie Taboh reports.
Video

Video US, Japan Offer Lessons as Eurozone Launches Huge Stimulus

The Euro currency has fallen sharply after the European Central Bank announced a bigger-than-expected $67 billion-a-month quantitative easing program Thursday - commonly seen as a form of printing new money. Henry Ridgwell reports for VOA from London on whether the move might rescue the eurozone economy -- and what lessons have been learned from similar programs around the world.
Video

Video Oil Price Drop Troubles Texas Producers

As oil prices have fallen over the past several months, drilling operations have slowed in some parts of the United States - including Texas, the state that surpasses all others in energy production. The Lone Star State’s energy output has been boosted in recent years by development of resources trapped deep below ground in the Eagle Ford shale deposit, which stretches across south central Texas. As VOA’s Greg Flakus reports from Karnes City, Texas, the drop in oil prices has created concerns,
Video

Video Nigerian Elections Pose Concern of Potential Conflict in 'Middle Belt'

Nigeria’s north-central state of Kaduna has long been the site of fighting between Muslims and Christians as well as between people of different ethnic groups. As the February elections approach, community and religious leaders are making plans they hope will keep the streets calm after results are announced. Chris Stein reports from the state capital, Kaduna.
Video

Video As Viewership Drops, Obama Puts His Message on YouTube

Ratings reports show President Obama’s State of the Union address this week drew the lowest number of viewers for this annual speech in 15 years. White House officials anticipated this, and the president has decided to take a non-traditional approach to getting his message out. VOA White House correspondent Luis Ramirez reports.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid